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Average Aircraft Mechanics and Service Technicians Salary in Albuquerque, NM

Aircraft Mechanics and Service Technicians in Albuquerque, NM, earn an average annual salary of $64,510. This figure is notably below the national average of $81,590, suggesting that local market dynamics and potentially a different industry focus in Albuquerque influence compensation for this specialized role. While the national average reflects broader economic factors, Albuquerque's specific labor market conditions shape this localized pay scale.

Executive Summary

  • Average Salary: $64,510 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,900.
  • Outlook: Albuquerque supports a local workforce of 480 Aircraft Mechanics and Service Technicians. With a Location Quotient of 1.34, the concentration of these jobs in Albuquerque is 34% higher than the national average, indicating a robust demand and a significant presence of this profession within the city's employment landscape. The rate of 1.187 jobs per 1,000 workers further underscores the specialized nature and relative abundance of these roles within the local economy.
2024 Market Data

Salary Overview

$64,510

The average Aircraft Mechanics and Service Technicians in Albuquerque, NM earns-20.9%below the national average.

BreakdownBased on 40h/week
Hourly

$31

Weekly

$1,241

Monthly

$5,376

Aircraft Mechanics and Service Technicians Salary Distribution in Albuquerque, NM

Career progression for Aircraft Mechanics and Service Technicians in Albuquerque, as elsewhere, is typically marked by a significant salary increase with experience. Entry-level technicians can expect to earn at the lower end of the pay scale, while senior mechanics with extensive experience and specialized certifications command higher salaries. The percentile gaps in salary distribution clearly signify the career trajectory and earning potential as one advances from a junior to a lead or master technician role.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,860$17.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$48,383$23.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$65,320$31.4
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$80,638$38.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$98,900$47.5

Detailed Aircraft Mechanics and Service Technicians Market Analysis

Relocation Context

Nominal Salary

$64,510

Gross Pay

Real Wage (Purchasing Power)

$64,510

Adjusted for COL (100)

The average annual salary of $64,510 for Aircraft Mechanics and Service Technicians in Albuquerque aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering no immediate advantage or disadvantage in terms of real income compared to the average U.S. city.

Job Market Context

480

Total Jobs

1.187

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, Albuquerque, NM has a slightly higher-than-average concentration of Aircraft Mechanics and Service Technicians roles compared to the national norm.

Albuquerque's Location Quotient of 1.34 signifies a higher concentration of Aircraft Mechanics and Service Technicians compared to the national average. This suggests that the demand for these professionals is relatively strong within the local market, potentially offering more job opportunities and a more competitive environment for skilled technicians seeking employment in the area.

Nearby Job Markets

Nearby Cities for Aircraft Mechanics and Service Technicians

Comparing salaries near Albuquerque, NM

Hiring Aircraft Mechanics and Service Technicianss?

Frequently Asked Questions

How much does a Aircraft Mechanics and Service Technicians make in Albuquerque, NM?

The median annual salary for a Aircraft Mechanics and Service Technicians in Albuquerque, NM is $64,510. This typically ranges from $36,860 for entry-level positions to $98,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 20.9% lower than the national median of $81,590.

Is Albuquerque, NM a lucrative place for Aircraft Mechanics and Service Technicians?

No, not compared to the national average.While Albuquerque has a higher concentration of these jobs (LQ 1.34), the average salary of $64,510 is significantly lower than the national average of $81,590. The cost of living being at the national average means the lower salary translates to less purchasing power than in higher-paying national markets.

Is Albuquerque, NM a good place to live for Aircraft Mechanics and Service Technicians?

The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albuquerque, NM?

Some top paying nearby cities include Eastern New Mexico nonmetropolitan area ($84,390) and Santa Fe, NM.

How does the cost of living in Albuquerque affect the Aircraft Mechanic salary?

With a Cost of Living Index of 100, Albuquerque's cost of living is exactly the national average. Therefore, the $64,510 salary has the same purchasing power as the national average salary in a typical U.S. city.

What is the concentration of Aircraft Mechanics in Albuquerque compared to the nation?

Albuquerque has a higher concentration of Aircraft Mechanics and Service Technicians, indicated by a Location Quotient of 1.34. This means the profession is 34% more prevalent in Albuquerque than the national average.

How many Aircraft Mechanics are there in Albuquerque?

There are approximately 480 Aircraft Mechanics and Service Technicians employed in Albuquerque, NM.

Does experience significantly impact an Aircraft Mechanic's salary in Albuquerque?

Yes, experience is a key factor in salary progression. Entry-level technicians earn less, while senior mechanics with specialized skills and certifications command higher compensation, reflecting a clear career growth path.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Albuquerque, NM area with a job density of 1.187 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.